COVID-19: year-on-year weekly change in Booking.com lodging bookings Q1 2020

The global travel and tourism market is one of the worst hit by the coronavirus (COVID-19) pandemic. As a result, companies such as Booking.com are now coping with the virus' damaging effects. In the first week of 2020, there were seven percent more Booking.com short-term rental reservations than in the previous year. By week two, the company saw this figure rise to 35 percent more year-over-year reservations. However, this growth didn't continue and in week 14 of 2020, short-term rental bookings on the Booking.com platform saw a 93 percent drop over the previous year as a result of the coronavirus pandemic.

Year-over-year change in short-term rental reservations on Booking.com due to the coronavirus (COVID-19) pandemic worldwide in the first quarter of 2020, by week

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Source

Release date

March 2020

Region

Worldwide

Survey time period

Q1 2020

Special properties

source used a sample of properties that were active both in Q1 2019 and Q1 2020 (ie. had at least one reservation)

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